Year is an aggregated wealth management platform that supports multiple DeFi protocols and automatically moves positions between protocols to help depositors achieve the highest financial returns. The platform aggregates Compound, dYdX, Aave, and DDEX protocols. When users deposit, the platform will automatically allocate funds to the currently highest yielding protocol. Then year will provide users with a proof of rights called yToken, which allows them to retrieve their previously deposited tokens and corresponding profits.YFI will stop mining on July 26. In order to ensure that liquidity is not large enough to withdraw from mining, Community Governance YIP-8 has put forward a proposal for additional issuance, halving the weekly additional issuance of each ore pool. Although the proposal received over 80% support, it failed because the total vote rate did not meet the minimum requirement of 33%. To ensure that Andre's genius ideas and system are not controlled by the previous Giant Whale account, the YFI project has been forked, codenamed YFII. YFII adopts a mechanism similar to Bitcoin's halving and issuance increase to ensure that tokens are distributed more fairly to community members.The total number of YFIIs is 60000, with 20000 for each of the three pools. Each pool has an initial state of 10000, and the production is halved every 7 days. YFII will be distributed in proportion based on the liquidity share provided by Defi users for each pool. YFII will complete all distribution within the next 10 weeks.



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